NOT LISTED FOR SALE

Estimated Value: $573,000 - $640,735

3 Beds
2.5 Baths
2,030 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $615,000 $303 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,046/month

96 Days on Market

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Golf Course Community
  • Clubhouse
  • Modern Architecture

About This Home

As of September 2024

*Back on the Market"*
Discover one of Riverside's prime living locations - the sought-after Victoria neighborhood, featuring the Palm Terrace Townhomes Community. Renowned for its safe and high-value properties. Enjoy a serene, Zen-inspired ambiance that combines elegance, simplicity, with a modern-vintage flair. The expansive living and dining area, complete with a fireplace, vaulted beamed ceilings, and an atrium, adds a distinguished touch to the home. Natural hardwood/bamboo floors and an impressive skylight enhance its charm. The spacious bedrooms offer ample closet space and an ensuite in the master for added privacy. A versatile junior bedroom can easily be used as a private home-office space with direct access to an outdoor "chill zone," ideal for plush outdoor furniture and ambient lighting. Some extra features include a sitting patio, quality kitchen appliances, a mini doggy dirt run, and an amazing community pool, and rec. room for those fun family gatherings.This jewel of Laramie Road is conveniently located within walking distance of Polytechnic High School, and a short drive to downtown Riverside, UC Riverside, Sycamore Canyon, Hanger 18, and much more. This home is perfectly positioned for both living a chill day-life and an exciting nightlife.. a Must See! Won't last

Last Agent to Sell the Property

Lisa Sanchez

Century 21 Cornerstone Brokerage Phone: 562 504-7585 License #02142667 Listed on: 05/20/2024

Century 21 Cornerstone

Last Buyer's Agent

Natalie Johnson

WESTCOE REALTORS INC License #01442599

WESTCOE REALTORS INC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1978

Lot Details

  • 3,049 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Sprinkler System
  • Lawn
  • Front Yard

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Off-Site Parking
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Neighborhood
  • Courtyard

Home Design

  • Modern Architecture
  • Patio Home
  • Entry on the 1st floor
  • Planned Development
  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 2,030 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Stained Glass
  • Garden Windows
  • Atrium Windows
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Upgraded Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Home Security

  • Intercom
  • Pest Guard System

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Suburban Location

Schools

  • Polytechnic High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 5036
  • Assessor Parcel Number 223270083
  • $44 per year additional tax assessments

Community Details

Overview

  • 45 Units
  • Palm Terrace Townhomes Assoc Association, Phone Number (951) 251-4940
  • Reliable Property Management HOA
  • Property is near a preserve or public land

Amenities

  • Outdoor Cooking Area
  • Clubhouse
  • Recreation Room
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1978

Lot Details

3,049 Sq Ft Lot

HOA Fees

$410 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: kitchen appliances
  • Property Attached: Yes
  • Security: Fire and Smoke Detection System, Resident Manager, Smoke Detector(s)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Modern
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 223270083
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2030.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Brick Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Formica Counters, High Ceilings, Intercom, Wet Bar
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 302.96
  • Room Type: Bonus Room, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Sun
  • Spa Features: Association
  • Window Features: Atrium, Blinds, Garden Window(s), Skylight(s), Stained Glass
  • Bathroom Features: Upgraded, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Courtyard, Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Brick, Patio, Patio Open, Front Porch
  • Pool Features: Association, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Aluminum Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Garage, Off Site, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Microwave, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Common Area, Community, Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Outdoor Cooking Area, Playground, Pest Control, Clubhouse, Recreation Room
  • Association Fee: 410.00
  • Association Fee Frequency: Monthly
  • Association Name: PALM TERRACE TOWNHOMES ASSOC
  • Phone: 9512514940
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Golf, Hiking, Gutters, Horse Trails, Park, Preserve/Public Land, Street Lights, Suburban
  • Association Management: RELIABLE PROPERTY MANAGEMENT

Schools

  • High School: Polytechnic
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Patio Home, Sprinkler System
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 45
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 306.02
  • Tax Lot: 27
  • Tax Tract Number: 5036
  • TaxOtherAnnualAssessmentAmount: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Aug 27, 2024
Sold by
Arellano Julian and Miller Kyra Elizabeth
Bought by
Reynolds David W and Reynolds Maria W
Seller's Agent
Lisa Sanchez
Century 21 Cornerstone
Buyer's Agent
Natalie Johnson
WESTCOE REALTORS INC
List Price
$619,500
Sold Price
$615,000
Premium/Discount to List
-$4,500
-0.73%
Views
77
Current Estimated Value
$601,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,816
Avg. Annual Appreciation
-1.52%
Original Mortgage
$563,186
Outstanding Balance
$557,161
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$44,023

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 17, 2023
Sold by
Le Bruce and Le Lisa
Bought by
Arellano Julian and Miller Kyra Elizabeth
Seller's Agent
Douglas Shepherd
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
Buyer's Agent
Daniel Huerta
Century 21 Cornerstone
List Price
$585,000
Sold Price
$590,000
Premium/Discount to List
$5,000
0.85%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$560,650
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 2, 2018
Sold by
Morford Steven N and Morford Catherine T
Bought by
Le Bruce and Le Lisa
Seller's Agent
SCOTT LANGNER
WSR REAL ESTATE
Buyer's Agent
lauren shepherd
Shepherd Realty Group
List Price
$399,500
Sold Price
$389,500
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$233,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Morford Steven and Morford Catherine
Bought by
Morford Steven N and Morford Catherine T

Purchase Details

Closed on
Mar 12, 2009
Sold by
Sichel Joan
Bought by
Morford Steven and Morford Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,850
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Sichel Joan
Bought by
Sichel Joan

Purchase Details

Closed on
Mar 19, 2002
Sold by
Dorothy M Pease Trust #07-5-06685-0
Bought by
Sichel Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reynolds David W $615,000 Orange Coast Title
Arellano Julian $590,000 Ticor Title
Le Bruce $389,500 Stewart Title Of California
Morford Steven N -- None Available
Morford Steven $242,500 Fnt
Sichel Joan -- --
Sichel Joan $200,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds David W $563,186
Previous Owner Arellano Julian $560,650
Previous Owner Arellano Julian $17,550
Previous Owner Le Bruce $233,700
Previous Owner Morford Steven $181,850
Previous Owner Sichel Joan $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $615,000 +2.5% $303 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $599,900 -3.2% $296 / Sq Ft
05/20/2024 05/20/24 For Sale $619,500 +5.0% $305 / Sq Ft
08/17/2023 08/17/23 Sold $590,000 +0.9% $291 / Sq Ft View Prior Sale
07/18/2023 07/18/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $585,000 +50.2% $288 / Sq Ft
06/19/2018 06/19/18 Sold $389,500 -2.5% $192 / Sq Ft View Prior Sale
04/28/2018 04/28/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $399,500 -- $197 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,500 $615,000 $184,500 $430,500
2023 $6,500 $425,972 $54,681 $371,291
2022 $4,689 $417,620 $53,609 $364,011
2021 $4,629 $409,432 $52,558 $356,874
2020 $4,594 $405,235 $52,020 $353,215
2019 $4,511 $397,290 $51,000 $346,290
2018 $3,136 $274,441 $56,581 $217,860
2017 $3,081 $269,061 $55,472 $213,589
2016 $2,883 $263,786 $54,385 $209,401
2015 $2,844 $259,825 $53,569 $206,256
2014 $2,825 $254,738 $52,521 $202,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24101521

California Regional Multiple Listing Service (CRMLS)

APN: 223-270-083

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